CLUSTER AND CAREERS: EXPLORING SALARY STRUCTURES AND FACULTY RECRUITMENT IN ACADEMIC PROGRAMS

Authors

  • Vicente E. Montaño Faculty of Business Administration Education, University of Mindanao, Bolton Street, Davao City, Philippines
  • Glenndon C. Sobrejuanite Faculty of Business Administration Education, University of Mindanao, Bolton Street, Davao City, Philippines

DOI:

https://doi.org/10.46827/ejes.v11i2.5187

Keywords:

faculty recruitment, Human Capital theory, Social Cognitive theory and Expectancy theory, k-Means Cluster Algorithm

Abstract

This research explores the dynamic of faculty recruitment challenges within academic sectors through the lens of human capital theory, social cognitive theory, and expectancy theory. Utilizing the k-Means Cluster Algorithm to delineate the distribution of programs and associated salary ranges, the study examines the implications for attracting faculty graduates. The findings reveal a concentration of programs in Cluster 0, reflecting serious difficulties in faculty recruitment attributed to lower salary offerings. Drawing on Human Capital principles, the research recommends a comprehensive review of salary structures, strategic communication efforts, collaborative benchmarking, professional development initiatives, and program diversification to enhance faculty recruitment strategies. This study contributes valuable insights to the discourse on optimizing faculty recruitment in academic sectors, presenting practical recommendations for aligning programs with evolving industry needs.

 

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Author Biographies

  • Vicente E. Montaño, Faculty of Business Administration Education, University of Mindanao, Bolton Street, Davao City, Philippines

    Vicente E. Montano has taught business courses for the past 27 years and is focused on Economics, Business Education, and Data Analytics. He mentors and evaluates Masters and Ph.D. students and examines candidates for the Professional Schools. He also reviews papers for various academic journals.

  • Glenndon C. Sobrejuanite, Faculty of Business Administration Education, University of Mindanao, Bolton Street, Davao City, Philippines

    Glenndon C. Sobrejuanite is presently the Technical Assistant and the Assistant Research Coordinator of the Faculty of Business Administration Education. For the past 10 years, he has been teaching Financial Management courses and advising finance students in their thesis.  

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Published

2024-01-30

Issue

Vol. 11 No. 2 (2024)

Section

Articles

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